Payday loan complaints have risen sharply but the list of gripes about financial products is still dominated by payment protection insurance (PPI).
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Sports Direct scraps zero hours contracts after barrage of criticism
Chain has been attacked by politicians and unions for paying workers less than the minimum wage and implementing “Victorian workhouse” conditions at its warehouses
British Airways computer outage causes flight delays around the world
Carrier apologises to passengers for delays after a technical problem hit check-in systems and led to long waits across the world
Pound soars to seven-week high
The UK services sector rebounded sharply in August suggesting an imminent recession will be “avoided”, data showed this morning.
Formula 1 sale set to cross the finish line
US-based Liberty Media is in advanced talks to take control of Formula 1.
Marks & Spencer to cut 500 head office jobs
Shop-floor staff are not expected to be affected
Southern commuters in crowdfunding drive to pay for legal action
Campaign group seeks £25,000 to cover cost of initial stages of judicial review into government’s handling of rail crisis
Britain’s growth engine rebounds at record pace after Brexit vote
Britain’s dominant services sector returned to growth in August, just a month after the decision to leave the EU triggered a contraction in activity and spurred the Bank of England into action.
Apple Irish tax ruling ‘maddening’, says Tim Cook
Apple chief executive Tim Cook says the European Commission ruling that Apple should pay billions of euros in back taxes to the Republic of Ireland is “maddening” and “political”.
Conservative MP calls for Swedish-style boardroom reforms
Chris Philp proposes the five biggest shareholders in large listed companies should be compelled to form a ‘shareholder committee’ which will provide more rigorous scrutiny of bosses’ pay packages
Mobile phone networks should not block adverts, says EU
Regulatory body Berec issues guidelines that could benefit publishers struggling with commercial effects of ad-blocking
Pension deficits up £100bn in month since rate cut
British firms’ pension deficits spiralled by another £100bn in the last month alone as record low interest rates sent liabilities through the roof.
Better job protection needed for working mums, say MPs
“Urgent action” is needed to give new and expectant mothers more protection at work after a “shocking” increase in discrimination, MPs have said.
UK shoppers bounce back from Brexit confidence slump
British consumer confidence has staged a Brexit bounce-back for after a sharp post-referendum dip according to the respected GfK survey of shoppers’ attitudes.
Multimillion-pound classic car business given to staff
Retiring founders pass on their Shropshire-based restoration company to its 60 employees in John Lewis-style ownership move
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